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ABC Co. bonds sell for $1,100. The coupon interest rate on these 15 year bonds is 8%. However, interest is paid semiannually. The par value
ABC Co. bonds sell for $1,100. The coupon interest rate on these 15 year bonds is 8%. However, interest is paid semiannually. The par value is $1,000. If they are purchased at the market price, what is the yield to maturity? how to do it on a calculator
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